AGENCIA MARITIMA NABSA S.A.

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1 AGENCIA MARITIMA NABSA S.A. BUENOS AIRES 16-Oct-18 CIRC. NBR 194 MJL ABBREVIATIONS: WHEAT (WH), WHEAT BRAN PELLETS (WHBP), SOYABEANS (SB), BYPRODUCTS (BYP), CAN (CANOLA), HYPRO (H) POLLARD PELLETS (PP), SUNFLOWER PELLETS (SUNP). SUNFLOWER OIL (SFO), COTTON PELLETS (CTNP), CORN GLUTEN FEED PELLETS (CGFP), WHEAT FLOUR (WHFLO), BARLEY (BARLEY), HEAVY SOYA SORGHUM (HSS), SOYA MEAL (SBM),SOYABEANS MEAL PELLETF (SBMP), MAIZE (MZ), MAIZE MAVERA (MZ MAV), SO (SORGHUM), VEGETABLE OILS (VGO), CRUDE MAIZE OIL (CMO), GNOIL (GROUNDNUT OIL), REFINED MIX SOYABEAN OIL (RMSBO), REFINED SOYABEAN OIL (RSBO), REFINED SUNFLOWER OIL (RSFO), HI OLEIC SUNFLOWER OIL (SFO HO), CRUDE SOYABEAN OIL (CSBO), CRUDE SUNFLOWER OIL(CSFO), CRUDE MAIZE OIL (CMO), HULLP (HULL PELLETS) SFSP ( SUNFLOWER SEED PELLETS), HYPRO (H), SHP (SOYA HULL PELLETS) SFS (SUNFLOWER SEEDS), CPCN (COOPER CONCENTRATE), DISCH P.ROCK (DISCHARGING PHOSPHATE ROCK) BIO (BIODIESEL), DISCH CSS (DISCHARGING CAUSTIC SODA SOLUTION),FAT ACID METHYL ESTER (BIODISEL), MUST REFER TO CARGO WITHOUT KNOWING WHICH GRADE (CGO), URUGUAYAN CARGOES (U), BOLIVIAN CARGOES (B), ARGENTINE CARGOES (A), PARAGUAYAN CARGOES (P), BAGGED CARGO (BC), CARGO IN MTONS, REC (RECALADA PILOT STATION), AT CZONE (AT COMMON ZONE- LA PLATA ROADS), AT ROADS (AT PORT TERMINAL CORRESPONDING ROADS), ETA (ESTIMATED TIME OF ARRIVAL), ETF (ESTIMATED TIME TO FINALIZE OPERATIONS), WAITING TIMES BASIS A VESSEL ARRIVING AT HER RESPECTIVE PILOT STATION T-O-D-A-Y PORT TERMINAL WAITING TIME DIAMANTE PUERTO DIAMANTE S.A. SANTA FE SANTA FE USINA L.J. DE SAN MARTIN RENOVA 2 DREYFUS TIMBUES COFCO INTL. NORTH BERTH (EX COFCO INTL. SOUTH BERTH (EX 4

2 PROFERTIL TERMINAL ALIANZA G2 TRANSHIPPING ROADS MINERA ALUMBRERA TERMINAL 6 (N) NORTH BERTH TERMINAL 6 (S) SOUTH BERTH 7 TERMINAL 6 - (N) / (S) T.B.C. ARAUCO ARGENTINA (EX ALTO PARANA) QUEBRACHO T.F.A. (TERMINAL DE FERTILIZANTES ARGENTINOS) EX MOSAIC COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) 4 COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) ADM AGRO ( EX TRANSITO) 3 PAMPA DEMPA OIL COMBUSTIBLES CHACABUCO A.C.A. 5 AKZO NOBEL (EX ICI) 3 VICENTIN 4 SAN BENITO ROSARIO TERMINAL PUERTO ROSARIO (OPEN BERTH) 2 ROSARIO UNIT VI 2 ROSARIO UNIT VII 2 ROSARIO VILLA GOBERNADOR GALVEZ ROSARIO PUNTA ALVEAR 2 ROSARIO DREYFUS DRY CARGO TERMINAL 1 ROSARIO DREYFUS VEGOIL TERMINAL ROSARIO ADM AGRO ARROYO SECO (EX TOEPFER) ROSARIO PARANA IRON ROSARIO ACBL 89 VILLA CONSTITUCION SERVICIOS PORTUARIOS (UNIT 2) VILLA CONSTITUCION COASTAL BERTH VILLA CONSTITUCION ACINDAR S.A. (COMMERCIAL) VILLA CONSTITUCION ACINDAR S.A. (IRON ORE) 2 SAN NICOLAS ELEVATOR PIER S.A. SAN NICOLAS NEW PORT 2 SAN NICOLAS CENTRAL TERMICA 1 SAN NICOLAS SIDERAR S.A.I.C. (COMMERCIAL PIER) SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) 1 SAN NICOLAS SIDERAR S.A.I.C. (IRON ORE PIER) RAMALLO BUNGE TERMINAL RAMALLO BUNGE FERTILIZERS RAMALLO GLENCORE XSTORAGE TERMINAL SAN PEDRO ELEVATOR PIER SAN PEDRO PIERHEAD ELEVATOR (REEFERS) IBICUY TRANSHIPMENT AREA LIMA DELTA DOCK PARANA GUAZU TERMINAL DEL GUAZU 1 PARANA GUAZU RIO PARANA GUAZU ZARATE ZARATE PORT ZARATE VITCO

3 ZARATE TZ ZARATE ATZ ZARATE TERMINAL LAS PALMAS CAMPANA SIDERCA 3 CAMPANA EUROAMERICA CAMPANA DEPSA CAMPANA PANAMERICAN ENERGY (EX AXION CAMPANA MARIPASA CAMPANA CARBOCLOR CAMPANA POBATER (EX RHASA) CAMPANA ODFJELL TAGSA CAMPANA PETROMINING 2 ESCOBAR BUENOS AIRES TERBASA BUENOS AIRES DOCK SUD MAR DEL PLATA NECOCHEA PIER 1 BERTH 3 NECOCHEA A.C.A. NECOCHEA TQSA 4/5 NECOCHEA TQSA 6 NECOCHEA OPEN BERTH 1 2 NECOCHEA OPEN BERTH 12 BAHIA BLANCA TERMINAL BAHIA BLANCA 2 ADM AGRO ( EX BAHIA BLANCA L.PIEDRABUENA/TOEPFER TERMINAL) BAHIA BLANCA CARGILL TERMINAL 2 BAHIA BLANCA DREYFUS TERMINAL BAHIA BLANCA OMHSA GALVAN TERMINAL 2 BAHIA BLANCA GALVAN PIER 5 BAHIA BLANCA PROFERTIL TERMINAL BAHIA BLANCA PUNTA CIGUENA NUEVA PALMIRA(R.O.U.) NAVIOS TERMINAL 2 NUEVA PALMIRA(R.O.U.) TGU TERMINAL/ANP NORTH 2 NUEVA PALMIRA(R.O.U.) ANP SOUTH NUEVA PALMIRA(R.O.U.) TRANSF STAT. DON MIGUEL (P.ARENAL) NUEVA PALMIRA(R.O.U.) TRANSF STAT. ANTWERPEN (P.ARENAL) NUEVA PALMIRA(R.O.U.) FIORUCCI INTERNATIONAL NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL /INTERNAL PIER MONTEVIDEO (R.O.U) PIER 1-2 MONTEVIDEO (R.O.U) PIER MONTEVIDEO (R.O.U) PIER 6-7 MONTEVIDEO (R.O.U) PIER 8-9 MONTEVIDEO (R.O.U) PIER 1-11 MONTEVIDEO (R.O.U) PIER B-C MONTEVIDEO (R.O.U) TERMINAL GRANELERA OBRINEL SHIPPER PORT TERMINAL VESSEL STATUS DATE TONS CARGO AND/OR DESTINAT CHARTERER DIAMANTE PUERTO DIAMANTE S.A. WITHOUT VSLS LDG/ANNCD SANTA FE SANTA FE WITHOUT VSLS LDG/ANNCD USINA L.J. DE SAN MARTIN WITHOUT VSLS LDG/ANNCD RENOVA NORTH BERTH EVROPI ETF 16-Oct 4, SBM VENUS EGYPT

4 RENOVA NORTH BERTH GANT FLAIR ETR SNIC 17-Oct 22, SBM INDONESIA RENOVA NORTH BERTH ATLANTIC HERO ETR SNIC 18-Oct 45, SBM GLENCORE POLAND RENOVA NORTH BERTH MEDI PALMAROLA ETA REC 24-Oct 3, CORN AL GHURAIR SAUDI ARABIA RENOVA NORTH BERTH MEDI PALMAROLA ETA REC 24-Oct 18, SBM AL GHURAIR SAUDI ARABIA RENOVA SOUTH BERTH MAETIGA AT CAMPANA 13-Oct 27, SBO HAKAN EGYPT RENOVA SOUTH BERTH DELSA ETA REC 16-Oct 4, SBM GLENCORE AUSTRALIA RENOVA SOUTH BERTH STENAWECO ENERGY ETA REC 19-Oct 15,85 SBO COFCO BANGLADESH RENOVA SOUTH BERTH MAERSK BERING ETA REC 19-Oct 13,37 SBO COFCO BANGLADESH RENOVA SOUTH BERTH TESORO ETA REC 19-Oct 46,2 SBM ADM TURKEY RENOVA SOUTH BERTH ALSTER BAY ETR SLZ 3-Oct 4, SBM LDC AUSTRALIA DREYFUS TIMBUES XENIA ETF 17-Oct 28, SBM (P) LDC POLAND DREYFUS TIMBUES XENIA ETF 17-Oct 19, SBM LDC POLAND DREYFUS TIMBUES POLA UGLICH ETA REC 19-Oct 5, SBM LDC POLAND DREYFUS TIMBUES POLA UGLICH ETA REC 19-Oct 25, SBM LDC POLAND DREYFUS TIMBUES DS SOFIE BULKER ETA REC 25-Oct 25, SBM LDC UK COFCO INTL. NORTH BERTH EX WITHOUT VSLS LDG/ANNCD WILD ROSE ETF 17-Oct 15,785 SBM CEFETRA UK NAVIOS AMBER AT COFCO PGSM 8, SBM IGMA NETHERLANDS NAVIOS AMBER AT COFCO PGSM 8,5 SHP IGMA NETHERLANDS NAVIOS MARCO POLO ETR VCONS 17-Oct 4, SB COFCO CHINA CS JENNA ETA REC 17-Oct 26,5 CORN SOPRODI CHILE CS JENNA ETA REC 17-Oct 6, SBM SOPRODI CHILE KESARIA ETA REC 17-Oct 2, SBM COFCO ITALY CLIPPER SELO ETR ROS 18-Oct 2, SBM LUZAR ECUADOR FLORA ETA REC 18-Oct 3, CORN COFCO INDONESIA FLORA ETA REC 18-Oct 18, SBM COFCO INDONESIA TRANSHIPMENT ROADS WITHOUT VSLS LDG/ANNCD PROFERTIL TERMINAL MEDI ZUOZ ETF 19-Oct 21, DISCH UREA SAUDI ARABIA PROFERTIL TERMINAL ALSTER BAY AT ROADS 11, DISCH UREA NITRON OMAN PROFERTIL TERMINAL EURUS VENTURE ETR SNIC 16-Oct 12,271 DISCH MAP MOROCCO PROFERTIL TERMINAL STRATEGIC FORTITUDE AT REC 15-Oct 3,38DISCH FERTILIZERS USA PROFERTIL TERMINAL STAR MAINE ETF SNIC 2-Oct 18,85 DISCH MAP/TSP NITRON CHINA PROFERTIL TERMINAL HALANDRIANI ETF SNIC 23-Oct 7,7 DISCH TSP NITRON MEXICO PROFERTIL TERMINAL OCEAN JOY ETF SNIC 3-Oct 2,7 DISCH MAP/DAP PROFERTIL CHINA MINERA ALUMBRERA STENAWECO ENERGY ETA REC 19-Oct 15, SBO (P) GLENCORE BANGLADESH MINERA ALUMBRERA ZAMBEZI STAR ETA REC 18-Oct 1, SBO ADM MOROCCO MINERA ALUMBRERA CHAMPION CONCEPT ETR SNIC 2-Oct 31,7 SBO BUNGE CHINA ALIANZA G2 WITHOUT VSLS LDG/ANNCD TERMINAL 6 (N) NORTH BERTH OUT OF SERVICE TERMINAL 6 (S) SOUTH BERTH JAG ARNAV ETF 16-Oct 44,911 SBM PROLINE VIETNAM TERMINAL 6 (S) SOUTH BERTH CHINTANA NAREE AT ROADS 16,7 CORN BUNGE ALGERIA TERMINAL 6 (S) SOUTH BERTH CHINTANA NAREE AT ROADS 12,1 SBM BUNGE ALGERIA TERMINAL 6 (S) SOUTH BERTH WILD ROSE AT COFCO INTL 15,785 SBM CEFETRA UK TERMINAL 6 (S) SOUTH BERTH WILD ROSE AT COFCO INTL 8, SHP CEFETRA UK TERMINAL 6 (S) SOUTH BERTH CRESSIDA ETA SLZ 17-Oct 4, SBM BUNGE SPAIN TERMINAL 6 (S) SOUTH BERTH BUNUN WISDOM AT REC 9-Oct 6, SFSP SEABOARD SOUTH AFRICA TERMINAL 6 (S) SOUTH BERTH BUNUN WISDOM AT REC 9-Oct 24, SBM SEABOARD SOUTH AFRICA TERMINAL 6 (S) SOUTH BERTH IOLCOS UNITY AT REC 12-Oct 17,88 SBM (P) BUNGE ITALY TERMINAL 6 (S) SOUTH BERTH IOLCOS UNITY AT REC 12-Oct 24,725 SBM BUNGE ITALY TERMINAL 6 (S) SOUTH BERTH FROGNAL ETR NPALM 17-Oct 45, SBM SODRUGESTVO TURKEY

5 TERMINAL 6 (S) SOUTH BERTH CEBIHAN ETA REC 2-Oct 18,343 SBM (P) CEFETRA UK TERMINAL 6 (S) SOUTH BERTH PAOLA BOTTIGLIERI ETA REC 21-Oct 52, SBM CJ INTL VIETNAM TERMINAL 6 (S) SOUTH BERTH AQUATA ETA REC 23-Oct 22, MZ CROSSLAND MALAYSIA TERMINAL 6 (S) SOUTH BERTH AQUATA ETA REC 23-Oct 21, SBM CROSSLAND MALAYSIA ARAUCO ARGENTINA (EX ALTO PAR PUNTA LOYOLA AT ROADS 3,65 BIO YPF ARGENTINA ARAUCO ARGENTINA (EX ALTO PAR BOW TRIBUTE ETR ROS 17-Oct 5, SBO (P) LDC INDIA ARAUCO ARGENTINA (EX ALTO PAR BOW TRIBUTE ETR ROS 17-Oct 1, SBO LDC INDIA ARAUCO ARGENTINA (EX ALTO PAR MR ORESTES ETA REC 18-Oct 15, SBO LDC BANGLADESH ARAUCO ARGENTINA (EX ALTO PAR MR ORESTES ETA REC 18-Oct 1, SBO LDC INDIA ARAUCO ARGENTINA (EX ALTO PAR MR ORESTES ETA REC 18-Oct 7, SBO LDC ARAUCO ARGENTINA (EX ALTO PAR FAIRCHEM STEED ETA REC 19-Oct 7, SBO CEVITAL SPAIN ARAUCO ARGENTINA (EX ALTO PAR FAIRCHEM STEED ETA REC 19-Oct 12,75 SBO CEVITAL SPAIN ARAUCO ARGENTINA (EX ALTO PAR CONDOR TRADER ETA REC 2-Oct 14,5 SBO BUNGE COLOMBIA ARAUCO ARGENTINA (EX ALTO PAR SPICA ETA REC 23-Oct 33,7 SBO BUNGE CHINA ARAUCO ARGENTINA (EX ALTO PAR PUNTA MOGOTES ETA SLZ 27-Oct 4,2 BIO YPF ARGENTINA QUEBRACHO ISABELA ISLAND ETF 16-Oct 12, SBM (B) ADM PERU QUEBRACHO ISABELA ISLAND ETF 16-Oct 18, SBMP (P) ADM PERU QUEBRACHO CAPE MORETON ETF ROS 18-Oct 6, SBM CARGILL ECUADOR QUEBRACHO GENCO WEATHERLY ETA REC 18-Oct 44, CORN CARGILL ALGERIA QUEBRACHO BAHRI GRAIN ETA REC 19-Oct 45, CORN ARASCO SAUDI ARABIA QUEBRACHO FEDERAL CARNIVAL ETA REC 24-Oct 4, CORN CARGILL ALGERIA QUEBRACHO CK ANGIE ETA REC 25-Oct 5, SBM CJ INTL INDONESIA QUEBRACHO CAPTAIN TASSOS D ETA REC 25-Oct 48, SB COFCO CHINA QUEBRACHO PRIGIPOS ETA REC 28-Oct 25, SBM BUNGE SAUDI ARABIA QUEBRACHO STAR MAINE ETA REC 3-Oct 4, SBMP (P) GRANELES CHILE T.F.A. (TERMINAL DE FERTILIZANTES ARGENTINOS) EX MOSAIC OUT OF SERVICE COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) BARGES ETF 18-Oct 5,8 DISCH MAP BUNGE URUGUAY COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) WESTERN FEDORA AT NPALM 11,35 UREA COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) SIFNOS ETR SNIC 19-Oct 7, DISCH UREA NITRON EGYPT COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) STAR MAINE ETA SLZ 29-Oct 2, DISCH TSP NITRON CHINA COFCO INTL PGSM NORTH BERTH (EX NIDERA FERTILIZANTES) SHAN HU HAI ETR SNIC 3-Nov 4,755 DISCH MAP CHINA COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) NAVIOS AMBER ETF 17-Oct 8, SBM IGMA NETHERLANDS COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) NAVIOS AMBER ETF 17-Oct 8, SFSP IGMA NETHERLANDS COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) KESARIA ETA REC 19-Oct 2, SBM COFCO ITALY COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) KESARIA ETA REC 19-Oct 5,5 SHP COFCO ITALY COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) NANJIN CONFIDENCE ETR SLZ 19-Oct 3, SBM COFCO SPAIN COFCO INTL PGSM SOUTH BERTH (EX NIDERA ) MAERSK BERING ETA REC 19-Oct 8,63 SBO COFCO BANGLADESH TRANSITO (ADM AGRO) STAR COSMO ETF 16-Oct 42, CORN ADM EGYPT TRANSITO (ADM AGRO) NORD STINGRAY AT ROADS 8,92 SBO (P) ADM FRANCE TRANSITO (ADM AGRO) STI REGINA AT REC 15-Oct 12, SBO (P) GLENCORE BANGLADESH TRANSITO (ADM AGRO) NAVIGARE BONITAS ETA REC 17-Oct 4, SBM (P) ADM JAPAN PAMPA PANAMAX NOSTOS ETA REC 3-Oct 5, SBM BUNGE MALAYSIA DEMPA GALENE M ETF 17-Oct 3, WH BUNGE BRAZIL DEMPA EURUS VENTURE ETF SNIC 24-Oct 4, MZ BUNGE ALGERIA OIL COMBUSTIBLES WITHOUT VSLS LDG/ANNCD CHACABUCO WITHOUT VSLS LDG/ANNCD A.C.A. YUN TONG ETF 17-Oct 45, SB CHINA A.C.A. ARGENMAR MISTRAL AT ROSARIO 9, DISCH UREA ACA ARGENTINA A.C.A. FH FANG CHENG AT REC 14-Oct 45, SB CHINA

6 A.C.A. STRATEGIC FORTITUDE AT REC 15-Oct 24,775DISCH FERTILIZERSBUNGE/ACA USA A.C.A. ANDALUCIA ETA REC 27-Oct 29, CORN ALIMPORT CUBA A.C.A. GRAND ALMA ETA REC 28-Oct 48, SB ACA CHINA A.C.A. OCEAN JOY ETF SNIC 3-Oct 2,7 DISCH MAP/DAP PROFERTIL CHINA AKZO NOBEL FAIRCHEM VICTORY ETA SLZ 16-Oct 19, SBO CARGILL PERU AKZO NOBEL STI REGINA AT REC 15-Oct 17, SBO GLENCORE INDIA AKZO NOBEL STI REGINA AT REC 15-Oct 3, SBO GLENCORE BANGLADESH AKZO NOBEL BARBOUNY ETA REC 16-Oct 2, DISCH NASH AKZO NOBEL VICENTIN NANJIN CONFIDENCE ETF 18-Oct 35,791 DISCH SB COFCO USA VICENTIN CAPTAIN D ETA SLZ 17-Oct 4, SBM GLENCORE LATVIA VICENTIN GREAT PROFIT AT REC 15-Oct 36, DISCH SB COFCO USA VICENTIN PISTIS ETA REC 17-Oct 4, SBM LDC PHILIPPINES VICENTIN CEBIHAN ETA REC 2-Oct 21, SBM CEFETRA UK VICENTIN WESTERN FEDORA ETA REC 21-Oct 3, SBM AVERE INDONESIA VICENTIN BARGES ETA SLZ 22-Oct 2,8 SFSP VICENTIN URUGUAY VICENTIN APHRODITE M ETR SNIC 27-Oct 3, SBM AMEROPA GREECE SAN BENITO BARBOUNY ETA REC 16-Oct 7, SBO ADM PERU SAN BENITO BOW TRIBUTE ETR ROS 17-Oct 5, SBO LDC INDIA SAN BENITO ZAMBEZI STAR ETR CAMP 18-Oct 16, SBO ADM ALGERIA SAN BENITO ASTREA ETA REC 19-Oct 45, SBM MARUBENI VIETNAM SAN BENITO ZOUZOU ETA REC 19-Oct 15, SBO COFCO INDIA ROSARIO TERMINAL PUERTO ROSARIO (OPEN BERTH) NEW MOLE SOUTH CAPE MORETON ETF 16-Oct 3, DISCH SB VICENTIN USA ROSARIO TERMINAL PUERTO ROSARIO (OPEN BERTH) NEW MOLE SOUTH ATALANTA ETF 16-Oct 15,DISCH FERTILIZERSBUNGE PERU ROSARIO TERMINAL PUERTO ROSARIO (OPEN BERTH) NEW MOLE SOUTH ORIENT TARGET ETA ROS 16-Oct 1,DISCH FERTILIZERSBUNGE PERU ROSARIO UNIT VI NORDTIGRIS ETF 17-Oct 3, WH ADM ROSARIO UNIT VI MILOS ETA REC 19-Oct 2,5 CORN ROSARIO UNIT VI KAPETAN NONDAS AT ROADS 29,5 CORN ROSARIO UNIT VII WITHOUT VSLS LDG/ANNCD ROSARIO VILLA GOBERNADOR GALVEZ FLORIANA ETA REC 2-Oct 3, SBM CARGILL BELGIUM ROSARIO VILLA GOBERNADOR GALVEZ LIBERTY BAY ETA ALV 22-Oct 7, SHP CARGILL UK ROSARIO VILLA GOBERNADOR GALVEZ CS JOLA ETA REC 21-Oct 3,7 SBM CARGILL AUSTRALIA ROSARIO PUNTA ALVEAR ACTIVE ETF 17-Oct 8, MALT NIGERIA ROSARIO PUNTA ALVEAR CLIPPER SELO AT REC 5,8 MALT BRAZIL ROSARIO PUNTA ALVEAR MARCOS DIAS ETA REC 17-Oct 18,25 MALT BRAZIL ROSARIO PUNTA ALVEAR CETUS OCEAN ETA REC 21-Oct 4, CORN CARGILL ROSARIO PUNTA ALVEAR KAMARI ETA REC 22-Oct 38,5 CORN ROSARIO PUNTA ALVEAR CECILIA B ETA ALV 23-Oct 48, CORN CARGILL KOREA ROSARIO PUNTA ALVEAR LADY ALARA ETA REC 23-Oct 26,25 WH BRAZIL ROSARIO PUNTA ALVEAR FEDERAL CARNIVAL ETA REC 24-Oct 4, CORN CARGILL ROSARIO DREYFUS DRY CARGO TERMINAL VOSCO SUNRISE AT ROADS 4, MZ LDC VIETNAM ROSARIO DREYFUS DRY CARGO TERMINAL BUNUN HERO ETA REC 19-Oct 3, WH ADM BRAZIL ROSARIO DREYFUS DRY CARGO TERMINAL BELNOR ETA REC 2-Oct 7, WH GRANELES CHILE ROSARIO DREYFUS DRY CARGO TERMINAL BELNOR ETA REC 2-Oct 28, CORN GRANELES CHILE ROSARIO DREYFUS DRY CARGO TERMINAL LACON ETA REC 22-Oct 5, SBM LDC ROSARIO DREYFUS VEGOIL TERMINAL BOW TRIBUNE ETA REC 16-Oct 9, SBO (P) LDC INDIA ROSARIO DREYFUS VEGOIL TERMINAL BOW TRIBUNE ETA REC 16-Oct 1,5 SBO LDC INDIA ROSARIO DREYFUS VEGOIL TERMINAL BOW TRIBUNE ETA REC 16-Oct 4, GLYCERINE LDC INDIA ROSARIO ADM AGRO ARROYO SECO (EX TOEPATALANTA ETA A.SEC 17-Oct 3, CORN MOROCCO ROSARIO ADM AGRO ARROYO SECO (EX TOEPMEDI ZUOZ ETA A.SEC 17-Oct 4, CORN EGYPT ROSARIO PARANA IRON WITHOUT VSLS LDG/ANNCD ROSARIO ACBL 89 WITHOUT VSLS LDG/ANNCD VILLA CONSTITUCION SERVICIOS PORTUARIOS (UNIT 2) LIBERTY BAY ETA VCONS 16-Oct 25, CORN UK VILLA CONSTITUCION COASTAL BERTH WITHOUT VSLS LDG/ANNCD VILLA CONSTITUCION ACINDAR S.A. (IRON ORE) NAVIOS MARCO POLO ETF 17-Oct 43,566 DISCH IRON ORE BRAZIL VILLA CONSTITUCION ACINDAR S.A. (IRON ORE) CECILIA B AT CZONE 4,55 DISCH IRON ORE BRAZIL VILLA CONSTITUCION ACINDAR S.A. (IRON ORE) KMARIN GOTEBORG ETA REC 23-Oct 45, DISCH IRON ORE BRAZIL

7 SAN NICOLAS ELEVATOR PIER S.A. WITHOUT VSLS LDG/ANNCD SAN NICOLAS NEW PORT WHARF OCEAN TIAMBAO ETF 17-Oct 34,8DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF STAR MAINE ETA SNIC 16-Oct 17,285DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF SIFNOS AT REC 19,717 DISCH UREA EGYPT SAN NICOLAS NEW PORT WHARF HALANDRIANI AT REC 15,1DISCH FERTILIZERS MEXICO SAN NICOLAS NEW PORT WHARF CHAMPION CONCEPT AT RAM ROADS 9, DISCH UAN LITHUANIA SAN NICOLAS NEW PORT WHARF APHRODITE M ETA REC 16-Oct 3,353DISCH FERTILIZERS NETHERLANDS SAN NICOLAS NEW PORT WHARF HARRIETT ETA REC 16-Oct 19,999 DISCH UREA VENEZUELA SAN NICOLAS NEW PORT WHARF VALOR SW ETA REC 17-Oct 6,3 DISCH SAUSOR BRAZIL SAN NICOLAS NEW PORT WHARF TEO ETA REC 23-Oct 18,4DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF PACIFIC JOURNEY ETA REC 23-Oct 2,DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF OCEAN JOY ETA REC 26-Oct 15,325DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF ARTEMISSIO ETA REC 26-Oct TBCDISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF AIOLOS ETA REC 28-Oct 7,35 DISCH UAN RUSSIA SAN NICOLAS NEW PORT WHARF SHAN HU HAI ETA REC 31-Oct 14,4DISCH FERTILIZERS CHINA SAN NICOLAS NEW PORT WHARF RILA ETA REC 3-Nov 32,3DISCH FERTILIZERS ESTONIA SAN NICOLAS NEW PORT WHARF DESERT MARINER ETA REC 5-Nov 31,16 DISCH UAN LITHUANIA SAN NICOLAS NEW PORT WHARF SAGA MONAL ETA REC 6-Nov TBCDISCH FERTILIZERS NETHERLANDS SAN NICOLAS CENTRAL TERMICA (COAL PIER) EURUS VENTURE ETF 16-Oct 22,475DISCH FERTILIZERS MOROCCO SAN NICOLAS SIDERAR S.A.I.C. (COMMERCIAL PIEWITHOUT VSLS LDG/ANNCD SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) ATLANTIC HERO ETF 16-Oct 47,815 DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) AFRICAN CHEETAH ETA SNIC 16-Oct 45,3 DISCH COAL USA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) ADRIANA ROSE ETA REC 25-Oct 47,45 DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) SAKIZAYA POWER ETA REC 29-Oct 45, DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) DIAMOND SEA ETA REC 2-Nov 45, DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) SANTA MARIA ETA REC 18-Nov 45, DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (COAL PIER) ZOE ETA REC 21-Nov 45, DISCH COAL AUSTRALIA SAN NICOLAS SIDERAR S.A.I.C. (IRON ORE PIER) AZUR ETA REC 22-Oct 45, DISCH IRON ORE BRAZIL SAN NICOLAS BUNGE TERMINAL WITHOUT VSLS LDG/ANNCD RAMALLO BUNGE FERTILIZERS TERMINAL ATALANTA ETA RAM 17-Oct 13,3CH PHOSPHORIC ROBUNGE PERU RAMALLO BUNGE FERTILIZERS TERMINAL ORIENT TARGET ETA RAM 19-Oct 16,1CH PHOSPHORIC ROBUNGE PERU RAMALLO GLENCORE XSTORAGE TERMINAL WITHOUT VSLS LDG/ANNCD SAN PEDRO ELEVATOR PIER S.A. WITHOUT VSLS LDG/ANNCD SAN PEDRO PIERHEAD ELEVATOR (REEFERS) WITHOUT VSLS LDG/ANNCD IBICUY TRANSHIPMENT AREA WITHOUT VSLS LDG/ANNCD LIMA DELTA DOCK GREAT PROFIT ETA 17-Oct 7 DISCH SB VICENTIN USA PARANA GUAZU TERMINAL DEL GUAZU SAGE SYMPHONY ETF 16-Oct 36, CORN (P) CHS PY PARANA GUAZU TERMINAL DEL GUAZU OSHIMANA ETA 18-Oct 2, DISCH CHEMICALS VARIOUS CHINA PARANA GUAZU TERMINAL DEL GUAZU SAGA MEGANI ETA 28-Oct 1,5DISCH CHLOROFORMVARIOUS USA PARANA GUAZU RIO PARANA GUAZU ZOUZOU ETA 17-Oct 28, DISCH DIESEL VARIOUS RUSSIA ZARATE ZARATE PORT WITHOUT VSLS LDG/ANNCD ZARATE TZ WITHOUT VSLS LDG/ANNCD ZARATE ATZ WITHOUT VSLS LDG/ANNCD ZARATE TERMINAL LAS PALMAS DENSA SEA LION ETA 25-Oct 3, MZ AMAGGI ALGERIA ZARATE TERMINAL LAS PALMAS PRIGIPOS ETA 29-Oct 7, WH FIDEICOMISO FAIM SAUDI ARABIA ZARATE VITCO WITHOUT VSLS LDG/ANNCD CAMPANA SIDERCA CETUS OCEAN ETF 19-Oct 4, DISCH IRON ORE SIDERCA BRAZIL CAMPANA SIDERCA MOTTLER ETA REC 28-Oct 19, STEEL BARS SIDERCA ANGOLA CAMPANA EUROAMERICA BBC CORAL ETA 19-Oct 1,4 STEEL PIPES SIDERCA SAUDI ARABIA CAMPANA DEPSA WITHOUT VSLS LDG/ANNCD CAMPANA PANAMERICAN ENERGY (EX AXION BW BOBCAT ETF 16-Oct 18, DISCH ULSD PAE USA CAMPANA MARIPASA INCE POINT ETA 17-Oct 35, DISCH CLINKER HOLCIM PERU CAMPANA MARIPASA ARACARI ARROW ETA 2-Oct 11,2 DISCH SODA ASH VARIOUS USA CAMPANA CARBOCLOR WITHOUT VSLS LDG/ANNCD CAMPANA POBATER (EX RHASA) BW BOBCAT ETA 17-Oct 2, DISCH ULSD PAE USA CAMPANA ODFJELL TAGSA WITHOUT VSLS LDG/ANNCD CAMPANA PETROMINING SEAWAYS ARIADMAR ETA 16-Oct TBC DISCH GAS OIL TRAFIGURA SOUTH AFRICA CAMPANA PETROMINING ZOUZOU ETA 2-Oct 12, DISCH DIESEL TRAFIGURA RUSSIA

8 ESCOBAR ESCOBAR WITHOUT VSLS LDG/ANNCD BUENOS AIRES TERBASA WITHOUT VSLS LDG/ANNCD BUENOS AIRES DOCK SUD WITHOUT VSLS LDG/ANNCD MAR DEL PLATA MAR DEL PLATA WITHOUT VSLS LDG/ANNCD NECOCHEA PIER 1 BERTH ROSCO BANYAN ETF 18-Oct 24,16 SB CHS CHINA NECOCHEA PIER 1 BERTH NAVIOS MARCO POLO ETA NEC 2-Oct 16,55 SB COFCO CHINA NECOCHEA PIER 1 BERTH FAYE ETA NEC 27-Oct 23, SB LDC CHINA NECOCHEA A.C.A. YUN TONG ETA NEC 22-Oct 2,891 SB ACA/AMAGGI CHINA NECOCHEA TQSA 4/5 OCEAN TIAMBAO ETA NEC 25-Oct 25, SB AMAGGI CHINA NECOCHEA TQSA 6 WITHOUT VSLS LDG/ANNCD NECOCHEA OPEN BERTH 1 TEO ETF 17-Oct 4,25 DISCH MAP/UREA LDC CHINA NECOCHEA OPEN BERTH 1 ARTEMISSIO ETA NEC 19-Oct 13,25 DISCH MAP/TSP CHS/ACA/MOLCA CHINA NECOCHEA OPEN BERTH 12 WITHOUT VSLS LDG/ANNCD BAHIA BLANCA TERMINAL BAHIA BLANCA GERTRUDE OLDENDORFF ETF 18-Oct 28,74 CORN BUNGE VIETNAM/PHILIPP BAHIA BLANCA ADM AGRO (EX L.PIEDRA/TOEPFER)ABY JEANNETTE ETA BB 22-Oct 61, SB ADM CHINA BAHIA BLANCA ADM AGRO (EX L.PIEDRA/TOEPFER)MEDI PALMAROLA ETA BB 3-Oct 2, CORN ADM EGYPT BAHIA BLANCA ADM AGRO (EX L.PIEDRA/TOEPFER)GEORGITSI ETA BB 1-Nov 22, CORN ADM VIETNAM BAHIA BLANCA CARGILL TERMINAL ALPHA AFOVOS ETF 16-Oct 24, CORN CARGILL KOREA BAHIA BLANCA CARGILL TERMINAL SPL ATACAMA ETA BB 16-Oct 5,25 MALT CARGILL CHILE BAHIA BLANCA CARGILL TERMINAL PARAGON ETA BB 19-Oct 15,7 MALT CARGILL BRAZIL BAHIA BLANCA CARGILL TERMINAL BAHRI GRAIN ETA BB 25-Oct 26,3 CORN CARGILL SAUDI ARABIA BAHIA BLANCA CARGILL TERMINAL CETUS OCEAN ETA BB 29-Oct 24,6 CORN CARGILL VIETNAM BAHIA BLANCA CARGILL TERMINAL CECILIA B ETA BB 3-Oct 24,6 CORN CARGILL SAUDI ARABIA BAHIA BLANCA CARGILL TERMINAL CAPTAIN TASSOS D ETA BB 31-Oct 19, SB CARGILL CHINA BAHIA BLANCA DREYFUS TERMINAL JAG ARNAV ETA BB 19-Oct 21, CORN LDC VIETNAM BAHIA BLANCA DREYFUS TERMINAL APOGEE SPIRIT ETA BB 21-Oct 2, MALT MALT PAMPA BRAZIL BAHIA BLANCA DREYFUS TERMINAL VOSCO SUNRISE ETA BB 21-Oct 2, CORN LDC VIETNAM BAHIA BLANCA CENTRAL PIEDRABUENA WITHOUT VSLS LDG/ANNCD BAHIA BLANCA OMHSA TERMINAL DARLING RIVER ETF 17-Oct 22, WH OMHSA BRAZIL BAHIA BLANCA GALVAN PIER 5 WITHOUT VSLS LDG/ANNCD BAHIA BLANCA PROFERTIL TERMINAL WITHOUT VSLS LDG/ANNCD BAHIA BLANCA PUNTA CIGUENA WITHOUT VSLS LDG/ANNCD NUEVA PALMIRA(R.O.U.) NAVIOS TERMINAL NORTH AFRICAN CHEETAH ETA NPA ROADS 26-Oct 44,5 MANGANESE ORE VALE INTL NUEVA PALMIRA(R.O.U.) NAVIOS TERMINAL SOUTH ULTRA TOLHUACA ETF 17-Oct 32, SB (P) SODRUGESTVO RUSSIA NUEVA PALMIRA(R.O.U.) NAVIOS TERMINAL SOUTH OCEAN TIAMBAO ETA NPA ROADS 21-Oct 25, SB (U) CHS UY NUEVA PALMIRA(R.O.U.) TGU TERMINAL/ANP NORTH WESTERN FEDORA ETF 17-Oct 15,7DISCH FERTILIZERSVARIOUS NUEVA PALMIRA NUEVA PALMIRA(R.O.U.) ANP/SOUTH SECTION STRATEGIC FORTITUDE ETA NPA ROADS 3-Oct 3,815DISCH FERTILIZERSVARIOUS NUEVA PALMIRA NUEVA PALMIRA(R.O.U.) ANP/SOUTH SECTION NORD BOSPORUS ETA NPA ROADS 3-Nov 7,999DISCH FERTILIZERSMOSAIC NUEVA PALMIRA NUEVA PALMIRA(R.O.U.) TRANSF STAT. DON MIGUEL (P.ARENAL) WITHOUT VSLS LDG/ANNCD NUEVA PALMIRA(R.O.U.) TRANSF STAT. ANTWERPEN (P.ARENAL) WITHOUT VSLS LDG/ANNCD NUEVA PALMIRA(R.O.U.) FIORUCCI INTERNATIONAL WITHOUT VSLS LDG/ANNCD NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL APOGEE ENDEAVOUR AT NPA ROADS 12,32SCH BARLEY FRANCMUSA NUEVA PALMIRA NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL OSHIMANA ETA NPA ROADS 23-Oct 26, WOOD PULP UPM CHINA NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL SAGA ANDORINHA ETA NPA ROADS 28-Oct 26, WOOD PULP UPM NETHERLANDS NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL SAGA CREST ETA NPA ROADS 2-Nov 3, WOOD PULP UPM CHINA NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL PROVIDANA ETA NPA ROADS 15-Nov 2, WOOD PULP UPM NETHERLANDS NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL SAGA MONAL ETA NPA ROADS 27-Nov 2, WOOD PULP UPM NETHERLANDS NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL SAGA EXPLORER ETA NPA ROADS 29-Nov 32, WOOD PULP UPM CHINA NUEVA PALMIRA(R.O.U.) ONTUR TERMINAL /INTERNAL PIER WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER 1-2 WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER 6-7 TEO ETA MVD ROAD 19-Oct 5,DISCH FERTILIZERS URUGUAY MONTEVIDEO (R.O.U) PIER 8-9 WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER 1-11 WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER B WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) PIER C WITHOUT VSLS LDG/ANNCD MONTEVIDEO (R.O.U) TERMINAL GRANELERA OBRINEL ARATIRI-BARGES ETA MVD ROAD 17-Oct 13,5 SB (U) LDC UY

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12 AGENCIA MARITIMA NABSA SA DAILY DRAFT REPORT FOR ARGENTINE AND URUGUAYAN PORTS BUENOS AIRES 16-Oct-218 Port and Terminals Max permissible draft SUGGESTED ARRIVAL / SAILING DRAFT (for drafts in excess of 34'5''- 1,51 m, where applicable, pls check with us) Port Terminal - Berth Feet Meters6,86 Feet Meters CONCEPCION DEL URUGUAY 21''' FW 6.4 FW 21''' 6.4 SANTA FE 2'9'' FW 6.33 FW 2'9'' 6.33 DIAMANTE 25'11'' FW 7.92 FW 25'11'' 7.92 FORECAST FOR NEXT WEEK: 5 CM MORE RENOVA 34'2'' FW 1.43 FW 34'2'' 1.43 DREYFUS TIMBUES 34'2'' FW 1.43 FW 34'2'' 1.43 COFCO INTL NORTH BERTH(EX NOBLE TIMB 34'2'' FW 1.43 FW 34'2'' 1.43 COFCO INTL SOUTH BERTH (EX NOBLE TIM 34'2'' FW 1.43 FW 34'2'' 1.43 MINERA ALUMBRERA 34'2'' FW 1.43 FW 34'2'' 1.43 TERMINAL 6 (North/South) 34'2'' FW 1.43 FW 34'2'' 1.43 ARAUCO ARGENTIN (EX ALTO PARANA) 34'2'' FW 1.43 FW 34'2'' 1.43 QUEBRACHO 34'2'' FW 1.43 FW 34'2'' 1.43 T.F.A. ( EX MOSAIC) 34'2'' FW 1.43 FW 34'2'' 1.43 PAMPA ENERGIA (EX PETROBRAS)- BERTHI 19'8'' FW 6.1 FW 19'8'' 6.1 TRANSITO (ADM AGRO) 34'2'' FW 1.43 FW 34'2'' 1.43 PAMPA 34'2'' FW 1.43 FW 34'2'' 1.43 COFCO INTL PGSM NORTH (EX NIDERA FER 34'2'' FW 1.43 FW 34'2'' 1.43 COFCO INTL PGSM SOUTH (EX NIDERA) 34'2'' FW 1.43 FW 34'2'' 1.43 DEMPA 34'2'' FW 1.43 FW 34'2'' 1.43 ACA 34'2'' FW 1.43 FW 34'2'' 1.43 AKZO NOBEL 34'2'' FW 1.43 FW 34'2'' 1.43 VICENTIN 34'2'' FW 1.43 FW 34'2'' 1.43 SAN BENITO 34'2'' FW 1.43 FW 34'2'' 1.43 ROSARIO (* *) UNIT VI / VII 34'2'' FW 1.43 FW 34'2'' 1.43 TERMINAL PUERTO ROSARIO 34'2'' FW 1.43 FW 34'2'' 1.43 PIER H/J (FOR LDNG SUGAR) 28'6'' FW 8.7 FW 28'6'' 8.7 VILLA GOBERNADOR GALVEZ 34'2'' FW 1.43 FW 34'2'' 1.43 PUNTA ALVEAR 34'2'' FW 1.43 FW 34'2'' 1.43 ROSARIO DREYFUS GRAL LAGOS 34'2'' FW 1.43 FW 34'2'' 1.43 ADM AGRO ARROYO SECO ( EX TOEPFER ) 34'2'' FW 1.43 FW 34'2'' 1.43 PARANA IRON 34'2'' FW 1.43 FW 34'2'' 1.43 ACBL 89 34'2'' FW 1.43 FW 34'2'' 1.43 VILLA CONSTITUCION SERV PORT - ELEVATOR BERTH 28''' FW 8.55 FW 28''' 8.55 ACINDAR COMERCIAL(ACEVEDO) 31'7'' FW 9.65 FW 31'7'' 9.65 ACINDAR COM (ACEVEDO) DISCH 31'7'' FW 9.65 FW 31'7'' 9.65 ACINDAR MINERAL (RAW MATERIALS) 34'2'' FW 1.43 FW 34'2'' 1.43 (XX) WE LEAVE ON RECORDS TT, PORT PILOTS AT VILLA CONSTITUCION VERBALLY ADVISED THAT THEY RECOMMEND FOLLOWING VSL'S RESTRICTION FOR VILLA CONSTITUCION ELEVATOR PIER: LOA 18M. FOR VSLS WITH A LOA OVER 18M, TWO TUGBOATS ARE REQUIRED BY PILOTS FOR SAFETY REASONS OVER 18M LOA, EXTREME HOLDS WILL BE DIFFICULT TO BE LDD, DUE TO THE POSITION OF THE LOADERS. SAN NICOLAS NEW PORT - DISCHARGE 34'2'' FW 1.43 FW 34'2'' 1.43 NEW PORT - LOADING 34'2'' FW 1.43 FW 34'2'' 1.43 CENTRAL TERMICA - DISCHARGE 34'2'' FW 1.43 FW 33''' 1.6 CENTRAL TERMICA - LOADING 34'2'' FW 1.43 FW 34'2'' 1.43 ELEVATOR BERTH 34'2'' FW 1.43 FW 34'2'' 1.43 SIDERAR - DISCHARGE 34'2'' FW 1.43 FW 33''' 1.6 SIDERAR - LOADING 34'2'' FW 1.43 FW 34'2'' 1.43 AT SAN NICOLAS PORT, PUERTO NUEVO, ELEVATOR AND CENTRAL TERMICA PIERS, PILOTS SUGGEST VSLS'

13 AT SAN NICOLAS PORT, PUERTO NUEVO, ELEVATOR AND CENTRAL TERMICA PIERS, PILOTS SUGGEST VSLS' COMMAND TO REQUEST TUG BOATS DURING MOORING/UNMOORING, FOR SAFETY REASONS WHEN LOA IS EQUAL OR EXCEEDS 18M OR ACCORDING TO VSL'S DRAFT (9M OR MORE) FOR VSLS WITH LOA OF 23M OR MORE, PILOTS SUGGEST THE USE OF TWO (2) TUGBOATS, WHICH DUE TO LACK OF SPACE CANNOT WORK PROPERLY, THEREFORE MAX LOA SUGGESTED IS LESS THAN 23M. ACCDNG PILOTS' INFORMATION, ON ACCNT OF BATHYMETRY CARRIED OUT DURING THE WEEKEND BY WATERWAYS CONCESSIONAIRE, HAS BEEN DETECTED AT THE ENTRANCE CHANNEL OF PUERTO NUEVO, CENTRAL TERMICA AND ELEVATOR PIERS A SHOLLOW PATCH OF 6,9 M AT CHART REDUCTION LEVEL ( METER). REGARDING THE ABOVE, MAXIMUM DRAFT CHANGES EVERYDAY SUBJECT TO DAILY CHANGES DUE TO RIVER LEVEL. TIME BEING, NEITHER COASTGUARD NOR PORT AUTHORITIES HAVE ISSUED AN OFFICIAL INFORMATION. RAMALLO BUNGE 34'2'' FW 1.43 FW 34'2'' 1.43 RAMALLO BUNGE FERTILIZERS 29'5'' FW 9. FW 29'5'' 9. RAMALLO XSTORAGE 34'2'' FW 1.43 FW 34'2'' 1.43 SAN PEDRO/MAX L.O.A. 18 M 3'6'' FW 9.3 FW 3'6'' 9.3 IBICUY 33'11'' FW 1.35 FW 33'11'' 1.35 GUAZU TERMINAL DEL GUAZU 33'11'' FW 1.35 FW 33'11'' 1.35 LIMA DELTA DOCK 33'11'' FW 1.35 FW 33'11'' 1.35 LAS PALMAS LAS PALMAS 33'11'' FW 1.35 FW 33'11'' 1.35 CAMPANA SIDERCA 33''' FW 1.6 FW 33''' 1.6 DEPSA 32'2'' FW 9.81 FW 32'2'' 9.81 AXION ENERGY ( EX EXXON) 34''' FW 1.36 FW 34''' 1.36 MARIPASA 33'1'' FW 1.8 FW 33'1'' 1.8 CARBOCLOR (EX SOL PETROLEO) 32''' FW 9.76 FW 32''' 9.76 POBATER (EX RHASA) 32''' FW 9.76 FW 32''' 9.76 ODFJELL TAGSA 32''' FW 9.76 FW 32''' 9.76 PETROMINING 3''' FW 9.15 FW 3''' 9.15 BUENOS AIRES TERBASA (NOT OPERATIVE) (DOCK SUD -TANKER BERTHS) FLAMMABLE BASIN (*)(***) 23'11'' FW 7.3 FW 23'11'' 7.3 PROPANERO BASSIN 27'6'' FW 8.4 FW 27'6'' 8.4 SOUTH DOCK PIER 7 (*) 24'11'' FW 7.6 FW 24'11'' 7.6 SHELL PIER A (PRIMA) 26'3'' FW 8. FW 26'3'' 8. SHELL PIER A 27'6'' FW 8.4 FW 27'6'' 8.4 SHELL PIER B 29'5'' FW 9. FW 29'5'' 9. LA PLATA COPETRO (**) 28'11'' FW 8.83 FW 28'11'' 8.83 PIER 9 3''' FW 9.15 FW 3''' 9.15 YPF (*) 24''' FW 7.92 FW 24''' 7.92 NECOCHEA Pier 1 (OPEN BERTH) (*) 43''' BW 13.1 BW Pier 3 (ACA TERMINAL) (*) 43''' BW 13.1 BW Pier 4 / 5 TQQ (*) 43''' BW 13.1 BW Pier 6 / 9 TQQ 43''' BW 13.1 BW 35'1'' BW 1.66 BW BAHIA BLANCA ADM AGRO (EX UTE/TOEPFER TERMINAL) (* 45''' SW SW 45''' CARGILL TERMINAL (**) 45''' SW SW 45''' Pier Nº 5/6 (**) TBB 33''' SW 1.6 SW 33''' 1.6 Pier Nº 7/8 (**) TBB 35'1'' SW 1.36 SW 34'5'' 1.36 Pier Nº 9 (**) TBB 45''' SW SW 45''' PROFERTIL 45''' SW SW 45''' DREYFUS TERMINAL 45''' SW SW 45''' OMHSA (GALVAN) TERMINAL PIER 2 / 3 (*) 42''' SW 12.8 SW 42''' 12.8 GALVAN PIER 5 (*) 35'1'' SW 1.36 SW 34'5'' 1.36 MONTEVIDEO (R.O.URUGUAY) PIER 6/7 OPEN BERTH 34'3'' BW 1.41 BW 34'2'' 1.41 MONTEVIDEO (R.O.URUGUAY) TERMINAL GRANELERA MTVD OBRINEL (TG 39'4'' BW 12. BW 39'4'' 12. NUEVA PALMIRA (R.O.URUGUANAVIOS /TGU /ONTUR (****) NAVIOS /TGU /ONTUR (****) NAVIOS /TGU /ONTUR (****) MARTIN GARCIA CHANNEL, VESSEL CAN NAVIGATE THRU THE CHANNEL AS PER FOLLOWING TABLE LOA BEAM DRAFT UPTO 245 M 32.6 M 9.75 M 245 M M OR UPTO 32.6 M 9.45 M 245 M M OR FM 32.6 M - 35 M 9.14 M 255 M M OR FM 35 M- 41 M 8.84 M 266 M -277 M OR FM 41 M- 44 M 8.53 M (**) MAX PERMISSIBLE LOA FOR'EMILIO MITRE CHANNEL' IS 23 M. OTHER INDICATED DRAFTS ARE MAX PERMISSIBLE' VALUES. (*) HT/NAABSA (**) HT (***) CHECK FOR PARTICULAR TERMINALS (****) MAX DRAFT FOR PROCEEDING DOWNSTREAM EMPLOYING E.MITRE CHANNEL I/O M.GARCIA CHANNEL, WHICH HAVE ADDITIONAL CHARGES ON ARGENTINEAN PILOTAGE, TOLL DUES AND ABT 1 MORE HOURS OF NAVIGATION, BEING TRANSIT TIME ABT 16HS FM NUEVA PALMIRA TO ZONA COMUN. N E W S: A) DAMAGE TO 'TFA PIER / PORT

14 ON AUGUST 17 TH, DURING HER BERTHING MANOEUVERS, THE MV ASIA PEARL V MADE CONTACT WITH A PORTION OF THE PIER OF 'TFA ' ( PORT), CAUSING DAMAGES TO THE PIER AND FACILITIES. TERMINAL IS PRESENTLY UNOPERATIVE, BEING UNDER REPAIRS. B) CHAMBER OF PRIVATE COMMERCIAL PORTS' INFORMATION THE CHAMBER OF PRIVATE COMMERCIAL PORTS HAS INFORMED THAT AS FROM SEPTEMBER 1ST 218, EACH TERMINAL WILL EVALUATE THEIR LOGISTICS AND IN CONSEQUENCE WILL RESERVE THE RIGHT TO CANCEL THE LETTER WHICH IS PRESENTED TO THE COASTGUARD, IN ORDER TO ALLOW THEM TO REQUEST OTHER VESSEL TO PROCEED TO THEIR TERMINALS, IN CASE A VESSEL FOR ANY CIRCUMSTANCE CANNOT PROCEED ALONGSIDE AND START LOADING OPERATIONS. ABOVE BASIS, WE HUMBLY SUGGEST TO INFORM ALL THE VESSELS TO MAXIMIZE THE EFFORTS FOR ARRIVING WITH THE HOLDS WELL CLEANED AND IN LOAD READINESS CONDITION, IN ORDER TO AVOID TO BE ORDERED TO VACCATE THE ROADSTEAD IF HOLDS ARE REJECTED AND VESSEL CANNOT PROCEED ALONGSIDE AS SCHEDULED BY THE NOMINATED LOADING TERMINAL. C) DAMAGE TO 'TERMINAL 6' NORTH PIER / PORT ON APRIL 24TH-NIGHT, DURING HER BERTHING MANOEUVERS AND IN GOOD WEATHER/RIVER STATE CONDITIONS, THE MV OCEAN TREASURE (HONG KONG FLAG) MADE CONTACT WITH A PORTION OF THE NORTH PIER OF 'TERMINAL 6' COMPLEX ( PORT), CAUSING SUBSTANTIAL DAMAGES TO THE PIER ITSELF AND ALSO TO ITS LOADING FACILITIES. TERMINAL OPERATORS/AUTHORITIES HAVE UNOFFICIALLY STATED THAT MONTHS WILL BE REQUIRED FOR THIS TERMINAL/BERTH TO BE OPERATIVE AGAIN. D) NECOCHEA / TUGBOATS PERSONNEL WORKING TO THE RULE SEAMEN UNION (SOMU) HAS DECIDED THAT TUGBOATS CREW MEMBERS HAVE TO REST FOR A PERIOD OF AT LEAST 12HS PER DAY, BEING SERVICES NOT RENDERED DURING MENTIONED PERIOD. E) MARTIN GARCIA CHANNEL - PILOTS MAXIMUM SUGGESTED SAILING DRAFT DUE TO DREDGING JOBS CARRIED OUT AT MARTIN GARCIA CHANNEL THE URUGUAYAN PILOTS ASSOCIATION HAVE INFORMED NEW MAXIMUM SUGGESTED SAILING DRAFTS AS PER FOLLOWING TABLE: REMARKS: LOA BEAM DRAFT UPTO 245 M 32.6 M 9.75 M 245 M M OR UPTO 32.6 M 9.45 M 245 M M OR FM 32.6 M - 35 M 9.14 M 255 M M OR FM 35 M- 41 M 8.84 M 266 M -277 M OR FM 41 M- 44 M 8.53 M VESSELS SAILING FROM NUEVA PALMIRA PORT CAN CONTINUE SAILING UPTO ABT 33'6'' (TO BE NARROWED DOWN ON THE SPOT) BY EMPLOYING ARGENTINE PILOTS AND USING EMILIO MITRE CHANNEL- MAX LOA 23M- (WITH CONSEQUENT ADDITIONAL COST - DEPENDING ON SIZE OF VESSEL- AND EXTRA NAVIGATION TIME - ABT 12 HRS -). F) Garbage Inspections & Disposal The purpose of this circular is to warn all our owner's clients about situation being faced with garbage disposal a Argentinian ports. On year 21 the SENASA authorities released a resolution in which they implemented random inspections of ves garbage onboard. They are performing these inspections in all vessels being same compulsory. In accordance with the outcome of same, they decide whether garbage must be disposed or not and their decisio must then be followed in order to avoid fines. The cost of this inspection is small, this is not the problem. After these inspections are conducted, in most of the vessels they demand that the garbage must be disposed even when there is a small amount of garbage onboard alledging 'epidemiological reasons'. The tariff which is then applied by the suppliers duly cleared by Authorities and registered for this service at diffe Argentinian ports is in fact the problem, since same is extremely high, starting from basic fee of usd 3..- at m ports and then easily escalating further sometimes two or three times that value depending on port characteristi and amount of garbage to be discharged. We are only informing this for owners to be aware of same and consider this cost when calculating costs for callin here since same is usually not included in any agent's PDA but then applies in most cases.

15 Just for your guidance, following is wording which is being included by us in our pre-arrival messages to masters heading to Argentina: quote V E R Y I M P O R T A N T KINDLY NOTE TT GARBAGE DISPOSAL IS NOT COMPULSORY IN OUR COUNTRY. WHICH IS COMPULSORY IS THE GARBAGE INSPECTION. IN THIS RESPECT, AS PER LOCAL SANITARY REGULATION IN FORCE, COMPULSORY GARBAGE INSPECTION WILL BE CARRIED OUT BY SENASA (GOVERMENT INSPECTOR) AND THEY WILL DECIDE WHETHER VSL'S GARBAGE S-H-U-D BE DISCHARGED OR NOT, ACCORDING TO QTTY FOUND ONBOARD AND ALSO DEPENDING ON HOW SAME IS STORED, ETC ETC. AFTER INSPECTION, PLS PAY SPECIAL ATTENTION READING CAREFULLY EACH PAPER/FORM REGARDING THIS ISSUE BEFORE STAMPING/SIGNING IT, AS COST FOR GARBAGE DISPOSAL AT MOST OF THE PORTS IS ON A HIGH LEVEL. Unquote G) National Holiday PLEASE NOTE THAT NEXT NOVEMBER 19TH IS A NATIONAL HOLIDAY IN ARGENTINA H)The Maritime Labour Convention (MLC) Please note and be informed that the Government of Argentina has ratified the Maritime Labour Convention (MLC 26) and this agreement shall enter into force on May 28th 215.) The Argentine Ministry of Labour has nominated the Argentine Coastguard as the authority that will locally imple and control the compliance of the concerning parties with the particulars of this Convention. This implies that as from May 28th 215, whenever Coastguard authorities proceed onboard for random Port Stat Control inspections, they will also be entitled to check the actual labour conditions of the vessel's crew onboard t confirm that the vessel complies with the terms of this international Convention. In this respect, please find quoted herebelow an abstract of the self-explanatory circular as issued and released Messrs. the Skuld P&I Club which many of our owner's clients must have already received. QUOTE SAFETY4SEA 3 Apr 15-13:19 Skuld advises on the increase of MLC related PSC inspections and detentions. Skuld stresses the importance of shipowners on the MLC compliance The Skuld P&I Club has issued a loss prevention article to advise on the increase of MLC related inspections and detentions. MLC inspections are conducted by local Port State Control including on foreign flagged ships in their national territories to verify ships are properly manned, equipped and operated in accordance with international conventi and regulations. (Our note: A chart and further info may be retrieved from The most frequent deficiencies resulted in detentions are:. Non-payment of wages Manning levels Health and accident prevention Hours of work and rest Food and catering Accommodation The Skuld advises shipowners to be aware that whenever they will call at a port of a country that has ratified the MLC, the Convention will apply. That means local PSC may come on board and carry out an inspection should deficiencies be noted, action is very likely to follow. Fines and even bans may be imposed, therefore, it is necessary to have a clear understanding of the MLC's requirements as well as having a clear company policy for practical compliance. This requires training and education throughout the organization. The Club highlights that ''Human Element'' is the key to loss prevention and the safety of voyage. Well rested and well cared for seafarers make for safer ships, with less down time and claims, all of which contribute towards a company's bottom line. Skuld says ''whether seen holistically or economically, MLC compliance is important'' The Skuld P&I Club has published guidance on the MLC, including a detailed insight section as well as certain spe topics which can be accessed via Skuld's website: MLC and STCW related material MLC 26 Insight AMSA Guideli You may read full loss prevention article, by clicking the following link: Source: The Skuld P&I Club

16 UNQUOTE I) San Lorenzo Port / Tugboat Tugboat will be compulsory for all vessels which will call at San Lorenzo Port and which are fitted with: -A left hand fixed blade propeller. -A right hand variable pitch propeller (also known as controllable-pitch propeller (CPP)). The tugboat will only be required when such vsls need to turn downstream, at San Lorenzo port area (ie: when sa downriver or when swinging around for loading at another terminal and/or port located further downstream). Vsls fitted with a bowthruster (in good working order) will be excepted. The reason why coastguard has taken this decision is because they consider it dangerous for vessels to swing aro to port, when sailing downstream or when shifting to another terminal and/or port further downriver, because wh doing so it becomes risky as they must approach the shore-side facilities bow first. To further clarify be advised that all Port/Terminal facilities, upriver, are located on the southern shores (bank) of Parana River and its tributaries. For the time being other upriver ports are not affected by this requirement. J) San Lorenzo Port / Tariff Tug Boats /Additional Remark/Information Please note and be informed that due to depth reduction in a portion of nearly 5 pct of San Lorenzo center manoeuvering area, which reduces the space available for safe manoeuvers, San Lorenzo Coastguard has stipula that all vessels which perform manoeuvers in such area and exceed 16 m LOA, will have to perform same employ tug assistance. Over 23m LOA two tugboats have to be employed. This affects Cofco Pgsm (Ex-Nidera), Transito, Dempa and Pampa berths since vessels sailing from those terminal use the Center Manoeuvering Area for turning either Up or Downriver and also affects any other vessel which for any other reason uses such area for manoeuvering such as vessels sailing from terminals like Aca, Akzo Nobel, Vicentin or Molinos, which could eventually have to use this area for turning due lack of space at south roads. K) Lack of Profit / Port Expenses PRIOR TO GRANT LOADING BERTH, SOME TERMINALS' OPERATORS REQUESTS BY WRITING, THAT VSL'S AGENTS AC THEIR BERTHING CONDITIONS / RULES AND PENALTIES, IN CASE OF DELAYS DUE TO REASONS NOT CONCERNED TO TERMINAL. ON THIS RESPECT, PLS NOTE FOLLOWING, WHICH IS THE LACK OF PROFIT TO BE CHARGED BY EACH TERMINAL: * * PORT: RENOVA TIMBUES: DREYFUS TIMBUES: COFCO ARGENTINA: TERMINAL 6: ARAUCO: QUEBRACHO: CFCO (EX NIDERA): ADM-TRANSITO: PAMPA/DEMPA: A.C.A.: AKZO NOBEL: VICENTIN: SAN BENITO: U$D PER HOUR OR FRACTION. U$D 3..- PER HOUR OR FRACTION. U$D PER HOUR OR FRACTION. U$D 3..- PER HOUR OR FRACTION U$D PER HOUR OR FRACTION. U$D 3..- PER HOUR OR FRACTION. U$D PER HOUR OR FRACTION. DECIDED ON THE SPOT DECIDED ON THE SPOT. U$D 3..- PER HOUR OR FRACTION U$D PER HOUR OR FRACTION U$D PER HOUR OR FRACTION. U$D 2..- PER HOUR OR FRACTION. * * ROSARIO: DREYFUS GENERAL LAGOS TERMINAL: U$D 3..- PER HOUR OR FRACTION VILLA GOBERNADOR GALVEZ: U$D 3..- PER HOUR OR FRACTION. PUNTA ALVEAR: U$D 3..- PER HOUR OR FRACTION. * * SAN NICOLAS: THE RULES OF PORT ADMINISTRATION STATES THAT IF A VESSEL DO NOT COMPLY WITH AVERAGE LOADING / DISCHARGING RATE, OR OPERATIONAL DELAYS ARE FACED ON ACCOUNT OF VESSEL'S PROBLEMS, THE ADMINISTRATOR OF THE PORT COULD ORDER THE VESSEL TO VACCATE THE PIER, NOT COMPLYING WITH SAME, THE VESSEL WOULD BE CHARGED AS LACK OF PROFIT THE 1% OF THE TARIFF, I.E. WHARFAGE CHARGES FOR ALL THE PERIOD OF THE VESSEL ALONGSIDE, WILL BE THE DOUBLE OF THE TARIFF IN FORCE * * CAMPANA: LAS PALMAS MOLCA TERMINAL U$D 2. PER HOUR OR FRACTION. U$D 2. PER HOUR OR FRACTION.

17 * * BAHIA BLANCA: LDC TERMINAL: U$D 3..- PER HOUR OR FRACTION. BEST REGARDS AGENCIA MARITIMA NABSA S.A. BUENOS AIRES - ARGENTINA * *ISO 91:215 CERTIFIED** To unsubscribe, please send a mail to: tlxoper@nabsa.com.ar (Subject: Unsubscribe/Weekly Line-Up) ** FONASBA approved ** ** BIMCO members **

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